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WOODBRIDGE, N.J., Jan. 3, 2013 (GLOBE NEWSWIRE) -- Northfield Bancorp, Inc. (the "Company") (Nasdaq:NFBK), announced today that the members of Northfield Bancorp, MHC have approved the Plan of Conversion and Reorganization (the "Plan") providing for the Company's conversion from the mutual holding company to the stock holding company form of organization (the "Conversion").
The Plan also requires the approval of the stockholders of the Company. The Company has adjourned its special meeting of stockholders until 10:00 a.m., January 24, 2013 to provide former stockholders of Flatbush Federal Bancorp, Inc., who may not have received proxy materials, the opportunity to vote on the matters being presented at the special meeting.
The closing of the Conversion remains subject to final regulatory and shareholder approvals. Subject to receipt of those approvals, the Company anticipates closing the Conversion in late January 2013.
This press release contains certain forward-looking statements about the conversion and reorganization. Forward-looking statements include statements regarding anticipated future events and can be identified by the fact that they do not relate strictly to historical or current facts. They often include words such as "believe," "expect," "anticipate," "estimate," and "intend" or future or conditional verbs such as "will," "would," "should," "could," or "may." Forward-looking statements, by their nature, are subject to risks and uncertainties. Certain factors that could cause actual results to differ materially from expected results include delays in consummation of the conversion and reorganization, difficulties in selling the shares of stock or in selling the shares of stock within the expected time frame, increased competitive pressures, changes in the interest rate environment, general economic conditions or conditions within the securities markets, changes in tax rates or negotiations with respect to avoiding the "fiscal cliff," and legislative and regulatory changes that could adversely affect our business.
The Company has filed a proxy statement/prospectus concerning the conversion with the Securities and Exchange Commission. Stockholders of the Company are urged to read the proxy statement/prospectus because it contains important information. Investors are able to obtain all documents filed with the Securities and Exchange Commission by the Company and Northfield free of charge at the Securities and Exchange Commission's website, www.sec.gov. In addition, documents filed with the Securities and Exchange Commission by the Company and Northfield are available free of charge from the Corporate Secretary of the Company at 581 Main Street, Suite 810, Woodbridge, New Jersey 07095, Attention: Corporate Secretary.The directors, executive officers, and certain other members of management and employees of the Company are participants in the solicitation of proxies in favor of the conversion from the stockholders of the Company Information about the directors and executive officers of the Company is included in the proxy statement/prospectus filed with the Securities and Exchange Commission.This press release is neither an offer to sell nor a solicitation of an offer to buy common stock. The offer is made only by the prospectus when accompanied by a stock order form. The shares of common stock of Northfield are not savings accounts or savings deposits, may lose value and are not insured by the Federal Deposit Insurance Corporation or any other government agency.
CONTACT: Company Contact:
Steven M. Klein
Chief Operating and Financial Officer
Tel: (732) 499-7200 ext. 2510